Insights
Transaction Reporting Errors Expose Huge Gaps for Market Abuse and Systemic Risk Monitoring
ACA Group research has detected more than 6 million transaction reporting errors across a sample of 30 review projects, averaging 200,000 errors per review, with 97% of reports under MiFIR/EMIR contain inaccuracies. These errors expose huge gaps for market abuse and systemic risk monitoring.
- Compliance
- Trade & Transaction
- ACA News
- FCA
When Push Comes to Breach: Hackers Use Push Notifications to Bypass MFA
Multi-factor Authentication, while effective and widely accessible method of security, can be used in a cybercriminals’ ever-growing hacking portfolio. Hackers can now include the misappropriation of push notifications to bypass MFA—without needing access to a victim’s device.
- Cybersecurity
- Cybersecurity Resources
ACA and NSCP 2021 Cybersecurity Program Survey: Top 20 Findings
This report aims to highlight the top findings from the 2021 survey while also comparing results from years prior.
- Cybersecurity
- Cybersecurity Resources
Hedge Fund Quarterly Update 2021 Q4
Learn more about recent regulatory developments industry insights in our Hedge Fund Quarterly Newsletter.
- Compliance
- SEC
SEC Proposes Amendments to Private Fund Reporting
On January 26, 2022, the SEC voted to propose amendments to Form PF. The Proposed Rule is designed to enhance the data aggregated through private fund reporting. In our most recent blog, we break down the potential impacts of the proposal and what your firm needs to know.
- Compliance
Urgent Action Required: ESMA Clarifies Reporting of Short Positions Above New 0.1% Threshold
Ahead of the impending change to the European short selling reporting threshold from 0.2% to 0.1% on the 31 January 2022, ESMA has reminded firms on reporting positions of more than 0.1% held over the transition period. Learn more about the changes:
- Compliance
The 2022 Ransomware White Paper
A guide that addresses what you should know, and what you should do to protect your firm, your clients, and your finances.
- Cybersecurity
- Cybersecurity Resources
2022 Broker-Dealer Regulatory Filings Calendar
We've put together a printable calendar with key FINRA regulatory filing deadlines in addition to national holidays at a glance.
- Compliance
New Public Disclosure Obligations Under the IFPR: What, When and How?
On 26 November 2021, the FCA published its third and final Policy Statement, PS21/17, on the new Investment Firm Prudential Regime (IFPR), which subsequently came into force on 1 January 2022. The new prudential rules introduce more complex and onerous disclosure requirements for affected firms. Here we examine what these new obligations mean for MIFIDPRU firms.
- Compliance
SEC No-Action Letter Regarding Amended Rule 15c2-11
The SEC staff provided additional time for firms to comply with the amendments to Rule 15c2-11 in a no-action letter published in December, 2021.
- Compliance